U.S.-based sustainable thermal packaging companyTemperPack has bagged $22.5 million in its Series B funding.
With the net funds, TemperPack will extend its footprint into food and life science cold chain logistics markets.
The round was spearheaded by Revolution Growth. New backers including Harbert Growth Partners, Arborview Capital and Tao Capital Partners, and existing investor SJF Ventures also joined the round.
In connection to the round, Revolution Growth and Harbert Growth Partners will join TemperPack’s board of directors.